Progressive (PGR) Free Cash Flow (2012 - 2026)
Progressive (PGR) posted quarterly Free Cash Flow of $3.5 billion for Q2 2026, down 11.91% year-over-year from $3.9 billion in Q2 2025, and down 19.4% on a QoQ basis from $4.3 billion in Q1 2026.
Progressive (PGR) Free Cash Flow (2012 - 2026) Analysis & Trends
Progressive has reported Free Cash Flow for 15 years, with the latest figure at $3.5 billion in Q2 2026.
- Free Cash Flow for Q2 2026 came in at $3.5 billion, down 11.91% year-over-year; the trailing twelve-month figure through Jun 2026 was $16.0 billion (down 3.16% YoY), and the FY2025 annual result was $17.2 billion, up 15.95% from the prior year.
- Free Cash Flow fell to $3.5 billion in Q2 2026, from $4.3 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $5.1 billion in Q3 2025 and troughed at $882.8 million in Q4 2022.
- A 5-year average of $3.2 billion and a median of $3.1 billion in 2024 frame the typical range for Free Cash Flow.
- The widest annual swing landed in 2022, when Free Cash Flow sank 41.74%; it then soared 166.75% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $882.8 million in 2022, then soared by 166.75% to $2.4 billion in 2023, then grew by 23.06% to $2.9 billion in 2024, then advanced by 5.21% to $3.0 billion in 2025, then advanced by 13.78% to $3.5 billion in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $3.5 billion in Q2 2026, $4.3 billion in Q1 2026, and $3.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 3.73 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 3.47 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 1.91 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 2.59 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | 93.40 Mn |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 698.00 Mn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 708.00 Mn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 384.54 Mn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 409.20 Mn |
| 10 | Cna Financial | 13.81 Bn | 6.02 Bn | 3.44 Bn | 629.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.47 Bn |
| Jun 30, 2026 | 3.47 Bn |
| Mar 31, 2026 | 4.30 Bn |
| Mar 31, 2026 | 4.30 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Sep 30, 2025 | 5.13 Bn |
| Sep 30, 2025 | 5.13 Bn |
| Jun 30, 2025 | 3.94 Bn |
| Jun 30, 2025 | 3.94 Bn |
| Mar 31, 2025 | 5.08 Bn |
| Mar 31, 2025 | 5.08 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Sep 30, 2024 | 4.55 Bn |
| Sep 30, 2024 | 4.55 Bn |
| Jun 30, 2024 | 3.20 Bn |
| Jun 30, 2024 | 3.20 Bn |
| Mar 31, 2024 | 4.19 Bn |
| Mar 31, 2024 | 4.19 Bn |